A tipster tells us that three assistant managing editors have been laid off at Fortune magazine, presumably as part of the ongoing companywide Time Inc. layoffs. Mediaite confirms that the company did do a round of layoffs today. If you have more details, email us.
UPDATE: We hear five staffers were laid off at SI.com: Two associate producers, a copy editor, a producer, and a production editor, according to our tipster.

Gary Weiss got a peek at a BusinessWeek corporate post-layoff memo, in which the people not fired are referred to as "Individuals ineligible or not selected for inclusion in the restructuring program." Well. How Bloombergian.

Dave Eggers continues to save print! This time by producing a $16, 300-page "newspaper" with content "ranging from Stephen King's reporting on the World Series to explanatory graphics on subjects as diverse as the conflict in eastern Congo and how to make the perfect bowl of ramen." The whole thing sounds great. Except, of course, this six-month long niche literary project has absolutely nothing to do with newspapers or with the continued viability of print, which is dying as a mass medium, naturally, due to its obvious limitations.

From Roy Greenslade: "Twelve journalists were among 46 people murdered yesterday in the Philippines in what is thought to be the greatest loss of life by news media in a single day. Several of the victims were beheaded or mutilated in the massacre carried out by a huge force of gunmen."